Common use of Distributions of Available Cash or Other Assets Clause in Contracts

Distributions of Available Cash or Other Assets. The Managing Member may cause the Company to distribute Available Cash or other assets of the Company to the Members in proportion to the Percentage Interest of the Members at such times as shall be determined by the Managing Member in its sole discretion.

Appears in 4 contracts

Samples: Operating Agreement (Laureate Ventures, Inc.), Operating Agreement (Laureate Ventures, Inc.), Operating Agreement (Laureate Ventures, Inc.)

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